Saga Wants to Sell Bennetts Insurance

การสนทนาใน 'Inter News' เริ่มโดย Inter News, 20 กันยายน 2019

By Inter News on 20 กันยายน 2019 at 14:33
  1. Inter News

    Inter News Moderator ทีมงานสมาชิก

    ข้อความ:
    1,910
    Likes Received:
    0
    Saga Could Get Less Than It Paid for the Company​



    The well-known Bennetts Insurance company that operates in the UK and is owned by Saga is now up for sale. This news comes after the interim results for the company came in. The You must be registered for see links reported that the company was up for sale. In case you don’t know what Saga is, it’s an over-50s insurance and travel specialist. It currently owns Bennetts Insurance.

    Saga originally bought Bennetts in 2015 from BGL. The sale seemed to make sense at the time because the company could cross-sell its customers motorcycle insurance. Now, however, it’s not looking like such a good deal because Saga could have to sell Bennetts for less than it paid for it.

    Saga paid £26.6 million (about $33 million) in 2015 for the company. The Evening Standard says that many estimates place the value of the company slightly lower than that purchase price. This means Saga won’t get totally hosed on the deal, but it will likely lose money.

    It will be interesting to see what happens with the insurance company. I’ll do my best to keep up to date on this story.

    The post You must be registered for see links appeared first on You must be registered for see links.

    You must be registered for see links
     

ความคิดเห็น

การสนทนาใน 'Inter News' เริ่มโดย Inter News, 20 กันยายน 2019

แบ่งปันหน้านี้